The price of bread has a net addition into the system in the form of sunlight. S... | Hacker News

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trhr on May 30, 2022 | parent | context | favorite | on: Algorithmic stablecoins are provably impossible wi...

The price of bread has a net addition into the system in the form of sunlight. Seeds essentially germinate into wheat for "free."

In fact, you could make the argument that all of human endeavor is simply withdrawing from the bank of 4.x billion years of sunlight.

spiralx on May 31, 2022 [–]

Or as Henry George put forward over a century ago, we should tax only the unimproved value of land, as everything else is the product of humanity, while land is finite and required for everything else.

https://astralcodexten.substack.com/p/your-book-review-progr...

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